Hong Kong Real Estate: Since November, the overall number of property registrations in Hong Kong has now surpassed the full month of October and hit a half-year high

Zhitongcaijing · 11/26 12:49

The Zhitong Finance App learned that Wang Pindi, director of the Hong Kong Real Estate Research Department, said that so far this month (as of the 25th), Hong Kong's overall property (including first-hand private and second-hand homes, first-hand public housing, commercial stores, pure parking spaces and other non-residential properties) has recorded 6,467 registrations, surpassing 5,857 cases in the entire month of last month by about 10.4%, temporarily hitting a half-year high.

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Since it takes time to sign a sales contract and submit it to the Land Registry for registration, the November registration cases mainly reflect the market situation in October, and the number of registrations rose this month. I believe the impact of the policy report's measures to benefit the property market is gradually being reflected.

Breaking down the registration status of various categories this month so far, in terms of residential properties, the number of first-hand private homes and second-hand housing registrations so far this month, surpassing the 4,967 cases in the previous month by about 12.4%; first-hand public housing has recorded 249 registrations so far this month, which has also surpassed the previous month's 206 registrations by about 20.9%.

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In terms of non-residential properties, commercial and commercial properties have recorded 315 registrations so far this month, surpassing 274 of the previous month by about 15%; pure parking spaces and other properties recorded 322 registrations so far this month, which is still about 21.5% lower than the 410 in the previous month.